Bet On Line Payout Process

5mike5 · 09-27-11, 11:31 AM

heard some bad things about BOL latley dealing with everything...hope it gets there in a timely manner buddy,,,u get paid just alot of threads bashing the process and time it has been taking....GL

Legions36 · 09-27-11, 12:36 PM

Some people hate them but i love having them as an out.

Saintsin10 · 09-27-11, 01:38 PM

Originally posted by Legions36

Some people hate them but i love having them as an out.

I am pleased so far but the rate of payouts will decide for me. 1st payout request pending. Time will tell.

Legions36 · 09-27-11, 02:01 PM

Originally posted by Saintsin10

I am pleased so far but the rate of payouts will decide for me. 1st payout request pending. Time will tell.

Sapposidly everything is faster from what they say but i cannot confirm this because it is a few weeks new. But your money will get there thats for sure, don't listen to the haters this place is good.

sharpcircle · 09-27-11, 07:09 PM

By haters he means: people who give honest reviews and feedback of the book.

5mike5 · 09-27-11, 07:48 PM

Originally posted by sharpcircle

By haters he means: people who give honest reviews and feedback of the book.

yes exactly

princecharles · 09-27-11, 08:51 PM

Originally posted by Legions36

Some people hate them but i love having them as an out.

Legions,
I hope I'm not out of line here, but what is your actual story?

Everytime there is a question of a book's voracity, there's a post from you with something like, "I just got paid by them same day".

I find it difficult at best to think you're a regular gambling guy who just has threaded the needle perfectly with every single book who's post you respond to.

Are you doing this to curry favor with them so your payouts go smoothly?
Are you part of the advertising dept at Sbr?

I'm not really expecting a straight answer, more retortical questions.

No offense and thanks

5mike5 · 09-27-11, 09:48 PM

LMAO!!!! that was a CLASSIC

Saintsin10 · 09-27-11, 09:50 PM

Update: Approaching 24 hours since the withdrawal request and nothing yet. The funds have not been deducted from my account. Just to be sure I emailed the cashier to make sure they received my request and that they have all of the documents they need to process the payment. They responded back yes so I should be good to go.

I did place the withdrawal request late last night so wasn't expecting it to be processed yet...their site promises 12-36 hours so they still have time to deliver.

However, I do miss the days of the Greek- request withdrawal and it's completed in about 30 minutes. I still have confidence in BOL just surprised they have still not deducted the withdrawal request from my account. I will keep everyone updated.

5mike5 · 09-27-11, 09:56 PM

Originally posted by Saintsin10

Update: Approaching 24 hours since the withdrawal request and nothing yet. The funds have not been deducted from my account. Just to be sure I emailed the cashier to make sure they received my request and that they have all of the documents they need to process the payment. They responded back yes so I should be good to go.

I did place the withdrawal request late last night so wasn't expecting it to be processed yet...their site promises 12-36 hours so they still have time to deliver.

However, I do miss the days of the Greek- request withdrawal and it's completed in about 30 minutes. I still have confidence in BOL just surprised they have still not deducted the withdrawal request from my account. I will keep everyone updated.

just as ive heard from every other thread...DELAY DELAY DELAY

Saintsin10 · 09-28-11, 02:15 PM

As of this morning the funds have been taken from my account. There is a message that says payout "approved".

I did a live chat to get the tracking information and was told that information would be available after 6pm EST today.

Overall not bad so far. I requested the payout Monday evening 11pm EST and should have tracking information to pick up the money by 6pm EST today. Assuming that is the case, less than 2 days for a 2k payout is not bad at all. The live chat reps have been very helpful. I wish they would improve their email responses but the good live chat service helps to offset that.

BOL- so far so good with the payout. I will update after 6pm.

sharpcat · 09-28-11, 05:12 PM

7 hours later than the time frame listed on their site is not good especially when just about every book is completing this type of payout in less than 24 hours and many within 8 hours.

sharpcircle · 09-28-11, 05:19 PM

Originally posted by princecharles

Legions,
I hope I'm not out of line here, but what is your actual story?

Everytime there is a question of a book's voracity, there's a post from you with something like, "I just got paid by them same day".

I find it difficult at best to think you're a regular gambling guy who just has threaded the needle perfectly with every single book who's post you respond to.

Are you doing this to curry favor with them so your payouts go smoothly?
Are you part of the advertising dept at Sbr?

I'm not really expecting a straight answer, more retortical questions.

No offense and thanks

I don't get his angle either. but you basically described him perfectly. I voiced my experience with Betonline(key word being my personal experience) and he jumps in the thread to defend the book against a claim no one was making, he neglects to respond to anyone except for vague random accusations, but feels the need to chime into almost every thread to quickly defend books.

He has either a loser or a shill. Most likely both.

Saintsin10 · 09-28-11, 05:30 PM

Originally posted by sharpcat

7 hours later than the time frame listed on their site is not good especially when just about every book is completing this type of payout in less than 24 hours and many within 8 hours.

It was looking good...........here's the latest:

I connected with a representative via live chat after 6pm EST as promised. I was told the information is not yet available that it was just processed today and can take up to 36 hours from the time it is processed. I told the representative that when I contacted them today they told me it would be 6pm EST for sure. His response: the information is not yet available.

So- I am still very confident the payout has been processed and that BOL is a strong book. That said, I really hate being lied to......as someone once told me "Always tell the truth- it's easier to remember". If the payout information was not going to be ready after 6pm today then just tell me that. I would have no problem if they were honest.

BOL: Overall I like your book but you need to work on being more up front and honest with customers. I think the current SBR rating is appropriate from what I've seen. Still a long way to go to be with the A+ boys.

sharpcat · 09-28-11, 06:17 PM

For some reason they think that when they tell you 15 business days for a withdrawal that it means that they have 15 business days to process the withdrawal and than after that 15 business days you can expect to see your check within the following 15 business days

It is disgusting how BOL is incapable of producing payouts in a timely fashion and gives their customers the run around and SBR turns a blind eye to it as if it is not happening, but when Sportsbook.com admits it is having trouble with its processors and politely offers their players a bonus if they would be willing to cancel their withdrawal SBR splatters the issue all of the front page and starts 10 threads in the S&I sub-forum about it.

ehp6737 · 09-28-11, 06:20 PM

Originally posted by Saintsin10

As I promised in another thread, I would keep people posted on my experience with BOL. I have only used Greek in the past and have signed up at 1)Bookmaker 2)Heritage 3) BOL

Made my 1st payout request with BOL last night.

1) I requested 2K via Person to Person Transfer
2) Immediately received an email acknowledging my request
3) So far (12pm EST) the next day the funds are still in my account

It says PtoP transfers received by 1pm usually take 12-36 hours so I'll keep you posted.

I originally deposited with ** 2 weeks ago and have already sent all documents: DL, ** , Utility Bill, Bank Statement......

I like BOL so far- great variety of deposit options and some great promotions. We'll see how long my 1st payout takes.

Jesus Christ

Did they ask for a blood and semen sample too?

I have no idea why anyone puts up with this BS. If you played at Betislands you would have had your payout the same day you requested it or with 5Dimes next day at the latest. Both with little or no documentation and zero hassle.

Yes, you'll get paid...eventually. Not sure why anyone likes to wait around and hound them for their money when there is better options out there. The fact that someone needs to start a thread just to keep us updated on a w/d makes me wonder why you choose that book in the first place.

Last week w/d from BetIslands and had my control number 2 hours after I requested the payout. Betonline is a joke

Saintsin10 · 09-28-11, 06:33 PM

Originally posted by ehp6737

Jesus Christ

Did they ask for a blood and semen sample too?

I have no idea why anyone puts up with this BS. If you played at Betislands you would have had your payout the same day you requested it or with 5Dimes next day at the latest. Both with little or no documentation and zero hassle.

Yes, you'll get paid...eventually. Not sure why anyone likes to wait around and hound them for their money when there is better options out there. The fact that someone needs to start a thread just to keep us updated on a w/d makes me wonder why you choose that book in the first place.

Last week w/d from BetIslands and had my control number 2 hours after I requested the payout. Betonline is a joke

Makes sense. I am giving them a shot because I like the variety of deposit options. In addition, I also hear they are very stable from a financial standpoint versus some other books out there. I totally agree- we should not have to hound these books for our money. Again- I still think BOL has some potential but they need to improve in the payouts department which is the most important factor.

BetToWin33 · 09-28-11, 06:56 PM

how do we know youre not a BOL shill

5mike5 · 09-28-11, 07:29 PM

jesus christ just withdrawl every penny and go to 5dimes buddy....ive got p2p every week last 5 weeks and NEVER taken more than 24 hrs...BOL having too many delays...never a good sign

Saintsin10 · 09-28-11, 07:48 PM

Originally posted by BetToWin33

how do we know youre not a BOL shill

BOL shill? I just signed up with them and giving some honest feedback on payouts. I don't think a shill would advertise that they lied to me today about a payout?

5mike5 · 09-28-11, 07:51 PM

some posters here are cluless buddy...that was clealy 1 of them,...just ignore the ignorance

Majman · 09-29-11, 12:11 AM

Originally posted by princecharles

Legions,
I hope I'm not out of line here, but what is your actual story?

Everytime there is a question of a book's voracity, there's a post from you with something like, "I just got paid by them same day".

I find it difficult at best to think you're a regular gambling guy who just has threaded the needle perfectly with every single book who's post you respond to.

Are you doing this to curry favor with them so your payouts go smoothly?
Are you part of the advertising dept at Sbr?

I'm not really expecting a straight answer, more retortical questions.

No offense and thanks

It's been clear as day that this guy is an all sportsbook or SBR shill. I've said it several times. He doesn't even have the intelligence to be subtle about it. Every time a book has a negative post, he comes flying in with his wonderful stories about their excellence. Makes me want to vomit.

Majman · 09-29-11, 12:13 AM

Saintsin10, thanks for the constant updates. I am about to request a payout tomorrow from BOL. I have had problems with their verification process already in that they aren't even replying to me. Should be a roller coaster.

rumple · 09-29-11, 05:21 AM

I enjoy this play by play thread, its interesting to see how some of the shadier books(like betonline) operate when a customer requests a payout.

Saintsin10 · 09-29-11, 08:17 AM

Update as of 9am EST:

Through live chat this morning I received the information to pick up my 2k PtoP transfer. I received the senders name, city and tracking number.

Recap:

-Requested 2k payout late Monday evening
-Money available via PtoP transfer on Thursday morning

All things considered not terrible- since the payout was requested Monday night, essentially it was the same as requesting Tuesday morning. Tuesday to Thursday for a 2k payout is not terrible. I understand there are quicker transactions out there but for my first payout request this is not bad (especially since I sent original deposit via CC only 2 weeks ago).

BOL Feedback Overall:

- Great variety of deposit options (the most options I've seen)
- In my 2 weeks....reliable website
- Below average response time with emails (need to get quicker responses via email)
- Good response via Live Chat (for the most part a CS rep available in seconds)
- Person to Person Payout took ~48 hours (not terrible although could get better)

Advice:

- ALWAYS send documents in at time of deposit not time of withdrawal.
- I asked BOL what documents they needed right after my deposit to avoid delays on with requests
- They told me what I needed: Drivers Lic, front and back CC, and utility bill
- They have options to fax or scan and email (I did both)

I think the current SBR rating is right on the money.

Thank you for allowing me to post my experience and for all of the helpful responses....great forum. Thanks Guys! Keep the information coming about all of these books and lets cash in some money!!!

John Dough · 09-29-11, 08:38 AM

Not that anyone should care about my opinion, but fwiw, I want to commend Saintsin10 on his updates in this thread. Specifically, I appreciate how he handled the fact that it took slightly longer than advertised and perhaps longer than certain other books.

Believe it or not, not every book is lying or trying to screw you when there are payout delays.

It would be great if every book had same day payouts for P2P and if other methods took 2-4 days, but that's just not always realistic for US residents in the current environment. If uber-fast payouts are your #1 concern, by all means, stick to the books you feel can provide them. However, some of us don't mind if payouts take longer in exchange for having the ability to bet at certain shops that offer better opportunities to make money than those who may currently be paying lightning fast. If I feel my money is (relatively) safe in a shop that is taking say 2 weeks to pay via my preferred method, and that shop offers profitable wagering opportunities, I have no problem with that whatsoever. It's all about what's most important to you.

hhsilver · 09-29-11, 08:45 AM

thanks, Saintsin10, for all that detailed, well written info

makaveli66 · 09-29-11, 09:00 AM

I cashed out $2500 at Bet Online close to a month ago via **. Once they got everything THEY wanted I was able to get the money about 4-5 days later, as they made me wait for the Monday after the weekend. Had more of a problem with ** than I did with BOL as they want two id's now and apparently a license and ************ isn't good enough.

makaveli66 · 09-29-11, 09:03 AM

I can't say ** or CC?

John Dough · 09-29-11, 09:52 AM

Originally posted by makaveli66

I can't say ** or CC?

No. SBR asks that specific payment methods not be discussed.

princecharles · 10-03-11, 06:09 AM

This is the first BOL payout story I've read with a good outcome.
What I don't get is if they really do plan on NEVER stiffing a player, why not just pay quicker?
It shows great insolvency when it seems they need to wait for deposits to have the money to payout.

princecharles · 10-17-11, 08:13 AM

I read the post above and was thinking 'spot on', then saw I wrote it but forgot I did.
Lol

margymotek · 10-19-11, 08:51 AM

Bet Online still owes a 10k wire and it's now been 30 days since I requested it.

They claim for the first 25 of those days that they had the wrong wire info, and for the last five "I should have received payment" already. It's the fifth time so far "I should have received it" and Lou from SBR has been involved for 10 days and still no payout.

Avoid these guys. They might pay, but it's not worth the risk.